In light of continued solar remuneration reductions and falling photovoltaic module prices, Germanys aleo solar AG has lowered its 2012 revenue guidance.
Israel-based BSolar has told pv magazine it is planning to ramp up production of its recently launched bifacial photovoltaic crystalline silicon cells to between 200 and 300 megawatts (MW).
Additional funding for photovoltaics research and development should move the German states to a “yes” regarding the countrys EEG, or renewable energy law. Saxony-Anhalts Minister President believes an agreement on Germanys solar subsidies will be reached by the summer.
GCL Solar Energy has placed an order with Satcon Technology Corporation for products to be used in a 76 megawatt (MW) photovoltaic plant in the Caribbean.
Following speculation at the weekend that Sovello GmbH would file for insolvency, the company has now submitted an application to open self-administration insolvency proceedings at the Dessau district court in Germany, due to a lack of funds.
Convert Italia and Solaria Corporation have completed work on a two megawatt (MW) low concentrating photovoltaic (LCPV) power plant in Puglia, Italy. It is thought to be the worlds largest.
After over two years of policy deliberations and growing pains, India is finally seeing solar installations in meaningful numbers: cumulative photovoltaic capacity stands at 964 megawatts (MW), 745 MW of which have been commissioned in 2012. But it is not all sunshine, with financing proving to be one of the countrys biggest challenges. Quality issues are also surfacing.
As announced yesterday, Shanghai Alex Solar Energy Science and Technology Co. Ltd has been awarded a contract to develop one gigawatt (GW) of photovoltaic projects and install a new module manufacturing facility in Chinas Jinchang City. A spokesperson elaborates.
Germanys Bundesrat wants to revise the countrys renewable energy law (EEG) for photovoltaics. A majority of Bundesrat representatives, therefore, voted for the invocation of a mediation committee with the Federal Parliament.
Phoenix Solar AG has successfully concluded a financing package worth 132 million, following the companys failure to fulfill the agreements of a previous loan agreement. It was agreed on the back of a restructuring plan, which has included a significant workforce reduction. In reporting its 2011 financials, the company saw massive losses.
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